After looking for an apartment for my son, I honestly don’t understand how young people can get a start in NYC with apartment prices so exorbitant? The solution must come from the marketplace where supply is very limited. Therefore we need to sell public housing units to developers at rock bottom prices in return for them to produce new housing for individuals living in such units as well as middle class housing for the rest of us. We also should ease restriction on residential housing in commercial areas in all the 5 boroughs. Only by increasing supply will we slow down demand enough to allow the city to grow with new talent that will enhance the live of all the city residents. We also will truly be able to say if you can make it here you can make it anywhere.
21
February